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5141 5141 W LOOP 281, Longview, TX, 75604
Industrial Service Facility with Offices

5141 5141 W LOOP 281 Longview, TX 75604

For Sale
$684,900

9,200 SF industrial facility with front office buildout, clear-span warehouse, and multiple overhead doors for efficient access.

Property Size9,200 SF
Price / SF$74.45
Days on Market318

Property Features for 5141 5141 W LOOP 281

General Information

Standard status
Active
Size
9,200 SF
Property subtype
Industrial

Building Details

Year Built
1981
Listing Agency: Summers Cook & Company
Listed By: Bud Summers · License #0465098
Source: Xome
Added: Sep 12, 2025 Changed: Jul 25 Last Checked: Jul 25 at 3:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summers Cook & Company


Investment Insights

Based on property information with market context.

This 9,200-square-foot industrial service facility is designed to combine professional office space with substantial warehouse capacity. The front portion of the building includes multiple private offices, a reception area, and conference space, supporting day-to-day operations. The rear features a large clear-span warehouse with high ceilings and wide-open floor space, along with multiple overhead doors for straightforward loading and access.

The layout also incorporates designated service bays and work areas intended to support efficient workflow. The building is equipped with modern electrical, plumbing, and HVAC systems.

Outside, the property sits on a generous lot with ample parking and yard space, providing room for outdoor storage and potential future building expansion. Convenient access to major roads, highways, and transportation routes helps facilitate deliveries, employee commute, and customer visits.

Key Highlights

  • 9,200 SF industrial service facility with front office buildout and warehouse/shop area
  • Front portion includes multiple private offices, reception, and conference space
  • Large clear‑span warehouse with high ceilings and multiple overhead doors for access

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $83.9k $9.12
− Vacancy −$7.1k −$0.78
EGI $76.8k $8.34
− OpEx −$23.0k −$2.50
NOI $53.7k $5.84
9,200 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.20M
$1.92M – $2.56M (±1% cap)
NOI $153,889 @ 7.0% cap · market cap 22.47%
Second Best
Warehouse
$932.2K
$815.7K – $1.09M (±1% cap)
NOI $65,256 @ 7.0% cap · market cap 9.53%
Theoretical Best
Hotel Hospitality
$6.93M
$6.06M – $8.08M (±1% cap)
NOI $485,070 @ 7.0% cap · market cap 70.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Big Box & Wholesale Store Storage Facility Auto Parts Store Furniture & Home Goods Locksmith Veterinary Clinic HVAC Service Tech Support Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - 9,200 SF industrial facility with front office buildout, clear-span warehouse, and multiple overhead doors for efficient access.
Where is this flex space located?
The property is located at 5141 5141 W LOOP 281 Longview, TX.
What is the asking price?
The asking price for this property is $684,900.
What are key features of this property?
This property features: 9,200 SF industrial service facility with front office buildout and warehouse/shop area; Front portion includes multiple private offices, reception, and conference space; Large clear‑span warehouse with high ceilings and multiple overhead doors for access
More about this property
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